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After surprising the market with a disappointing interim result, Candle ($1.58) has gone on to report a 28% increase in operating profit for the year to June 1998 to $3.2m. A fully franked 4.5 cent final dividend has been recommended taking the total dividend for the year to 8 cents per share.

It seems that management has once again got its eye firmly on the ball with all segments of the group contributing to the profit increase, including the recently acquired Doughty group. We expect further growth during the current financial year and demand...

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